"We are very pleased that FERC has recognized that our application fully complies with FERC's requirements and has approved it," said Elizabeth A. Moler, Exelon executive vice president, government and environmental affairs and public policy. "While we need to review the order and its conditions carefully before commenting further, the approval of our application by FERC is a major step in the regulatory approval process. The combination with NRG remains on track for closing in the fourth quarter of 2009."